FuelADream, a Bangalore-based
crowd funding platform has announced the launch of an electric bike called eRideLite
at a starting price of Rs 23,900 (MRP Rs 37,000) for the RL50 model. The RL90 model
that travels a little more on batteries, has been priced at Rs 35,900 (MRP Rs
50,000).

The eRideLite team has been
working on the project for the last four years. The two models are
differentiated by their range—one travels 50km on a single charge and the other
has a 90km range on a single charge. These eRideLite electric bikes are
available for pre-orders exclusively on FuelADream.com

The products were launched in
the New Delhi in the presence of Ajeet Kumar, Founder & CEO, R2H Motors and
Ram Prasad, CMO, FuelADream.com.

The bikes come with easily
removable, stem-mounted battery. The bikes have a decent pick up doing 0-20kmph
in 10 seconds with a maximu speed of 25kmph. These bikes come with two ride
modes—electric and manual/ pedal mode with six gears. Other features include a
sturdy, patent-pending frame design, disc brakes on both wheels, shock
absorbers in the front wheel, etc.

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Motown India magazine made its debut in October 2010 and is owned by Motown Publications Pvt Ltd.
Motown India, which follows a unique model of encompassing both B2C as well as select B2B reports,
has a formidable presence not only through the print medium but also through the vast digital space.
While the print version of the magazine is circulated pan India, its contents are further made available across
the globe through its website www.motownindia.com and
www.micorporate.com as well as through various social
media sites like facebook, twitter, linked in, instagram and the exciting world of YouTube. The new site
www.micorporate.com is a portal dedicated only to B2B news.
This site encompasses Corporate News, Commercial Wheels, Auto Components, Technology, Interviews, etc.